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REN to NOK Converter and calculator

REN/NOK: 1 REN = 0.09530 NOK. The price of converting 1 Ren (REN) to Norwegian Krone (NOK) is 0.09530 NOK today.
REN
REN
NOK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides REN to NOK real-time exchange rates, making it easy to convert Ren (REN) to Norwegian Krone (NOK). The conversion result is based on real-time data. The conversion result shows that 1 REN is currently valued at 0.09530 NOK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 REN is currently valued at 0.09530 NOK, which means buying 5 REN would cost 0.4765 NOK. Similarly, kr1 NOK can be converted to 10.49 REN, and kr50 NOK can be converted to 52.47 REN, excluding any platform or gas fees.

Convert REN to NOK

Convert NOK to REN

Ren
Norwegian Krone
1 REN
0.09530  NOK
Exchange 1 REN for 0.09530 NOK
2 REN
0.1906  NOK
Exchange 2 REN for 0.1906 NOK
5 REN
0.4765  NOK
Exchange 5 REN for 0.4765 NOK
10 REN
0.9530  NOK
Exchange 10 REN for 0.9530 NOK
20 REN
1.91  NOK
Exchange 20 REN for 1.91 NOK
50 REN
4.76  NOK
Exchange 50 REN for 4.76 NOK
100 REN
9.53  NOK
Exchange 100 REN for 9.53 NOK
200 REN
19.06  NOK
Exchange 200 REN for 19.06 NOK
500 REN
47.65  NOK
Exchange 500 REN for 47.65 NOK
1000 REN
95.3  NOK
Exchange 1000 REN for 95.3 NOK
5000 REN
476.49  NOK
Exchange 5000 REN for 476.49 NOK
10000 REN
952.99  NOK
Exchange 10000 REN for 952.99 NOK
In the table above, you'll find a comprehensive REN to NOK converter that shows the value of Ren in Norwegian Krone across commonly used conversion amounts. The list covers conversions from 1 REN to NOK, all the way up to 10000 REN, providing a clear view of their respective values.
Norwegian Krone
Ren
1 NOK
10.49 REN
Exchange 1 NOK for 10.49 REN
10 NOK
104.93 REN
Exchange 10 NOK for 104.93 REN
50 NOK
524.67 REN
Exchange 50 NOK for 524.67 REN
100 NOK
1,049.33 REN
Exchange 100 NOK for 1,049.33 REN
200 NOK
2,098.66 REN
Exchange 200 NOK for 2,098.66 REN
500 NOK
5,246.65 REN
Exchange 500 NOK for 5,246.65 REN
1000 NOK
10,493.3 REN
Exchange 1000 NOK for 10,493.3 REN
2000 NOK
20,986.61 REN
Exchange 2000 NOK for 20,986.61 REN
5000 NOK
52,466.51 REN
Exchange 5000 NOK for 52,466.51 REN
10000 NOK
104,933.03 REN
Exchange 10000 NOK for 104,933.03 REN
50000 NOK
524,665.15 REN
Exchange 50000 NOK for 524,665.15 REN
100000 NOK
1,049,330.3 REN
Exchange 100000 NOK for 1,049,330.3 REN
In the table above, you'll find a comprehensive NOK to REN converter that shows the value of Norwegian Krone in Ren across commonly used conversion amounts. The list covers conversions from 1 NOK to REN, all the way up to 100000 NOK, providing a clear view of their respective values.

REN to NOK chart

REN/NOK: 1 REN = 0.09530 NOK; 2025/08/03 05:00:03
In the past 1D, Ren has changed +8.24% to NOK. Based on the trend and price charts, Ren(REN) has changed +8.24% to NOK while Norwegian Krone(NOK) has changed % to REN in the last 24 hours.
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REN to NOK conversion data: Volatility and price changes of Ren in NOK

The highest Ren price in NOK over the past 7 days was 0.1041 NOK while the lowest Ren price in NOK over the past 7 days was 0.07070 NOK. The relative change between the highs and lows in Ren price in NOK over the last 7 days indicates a volatility of %. You can view additional volatility data and REN to NOK prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.08991 NOK
0.1041 NOK
0.1390 NOK
0.1747 NOK
Low
0.08196 NOK
0.07070 NOK
0.07070 NOK
0.07070 NOK
Average
0 NOK
0 NOK
0 NOK
0 NOK
Volatility
%
%
%
%
Change
+8.24%
-0.08%
-27.90%
-17.56%

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Bitget P2P trading does not currently support direct buying of REN with NOK. However, you can buy USDT in Bitget P2P trading first, and then buy REN with USDT via Bitget spot market.
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Ren information

REN to NOK market statistics

REN/NOK:
kr0.09530
REN 24h volume:
kr7,524,741.06
REN market cap:
kr95,235,066.3
REN circulating supply:
999.33M REN

Current REN to NOK exchange rate

Ren to Norwegian Krone is falling this week.
Ren's current market price is kr0.09530 per REN, with a total market cap of kr95,235,066.3 NOK based on a circulating supply of 999,330,500 REN. The trading volume of Ren has changed by +0.19% (kr14,554.74 NOK) in the last 24 hours. Last trading day, REN's trading volume was kr7,510,186.32.

More info about Ren on Bitget

Norwegian Krone information

About the Norwegian Krone (NOK)

What Is the Norwegian Krone (NOK)?

The Norwegian Krone (NOK), symbolized as "kr" and often abbreviated as NKr, is the official currency of Norway, including its overseas territories and dependencies of Svalbard, Bouvet Island, Queen Maud Land, and Peter I Island. The term "Krone" translates to "crown" in English. It is subdivided into 100 øre, although the øre ceased to exist in physical form in 2012 and now exists only electronically.

The Norwegian Krone (NOK) is issued by Norges Bank, which is the central bank of Norway. Norges Bank is responsible for the production and distribution of the country's currency and also plays a key role in determining and implementing monetary policy in Norway. This includes managing the country's foreign exchange reserves and ensuring financial stability. The bank's decisions and policies directly influence the value and stability of the Norwegian Krone.

What Is the History of NOK?

The Krone was introduced in 1875, replacing the Norwegian speciedaler at a rate of 4 Krone = 1 speciedaler, as Norway joined the Scandinavian Monetary Union. This union, which also included Denmark and Sweden, was based on a gold standard, with 2,480 Krone equaling 1 kilogram of pure gold. The union dissolved in 1914, but the Krone remained Norway's currency. During World War II, the Krone was pegged to the Reichsmark, and post-war, it was pegged to the British pound and later the U.S. dollar. In 1992, Norway shifted to a floating exchange rate due to heavy speculation against the Krone.

Notes and Coins of NOK

Norwegians use both coins and banknotes for transactions. Coins come in denominations of 1, 5, 10, and 20 kroner, while banknotes are available in 50, 100, 200, 500, and 1,000 kroner. The banknotes feature images of prominent Norwegians and are known for their unique and modern designs, celebrating Norway’s maritime history and culture.

Exchange Rate and Economic Influence

The value of the Krone is significantly influenced by changes in oil prices and interest rates, reflecting Norway's status as a major oil exporter. The Krone’s exchange rate against other currencies, like the USD and Euro, varies considerably, often correlating with global oil market trends. For instance, during the oil crisis of 2015, the Krone fell 20% against the dollar.

Norway is moving towards becoming a cashless society, with a high level of digitalization in financial transactions. Payment apps like Vipps are popular, and the use of cash is declining, although it is still accepted, especially among older generations and in smaller retail shops.

Why Doesn’t Norway Use the Euro?

Norway does not use the euro primarily because it is not a member of the European Union (EU). As a member of the European Economic Area (EEA), Norway enjoys access to the EU's single market without the obligations of EU membership, including adopting the euro. This arrangement allows Norway to maintain economic and monetary sovereignty, enabling it to tailor its monetary policy to its unique economic conditions, especially important given its significant oil and gas revenues. Additionally, there is considerable public and political support in Norway for maintaining the Norwegian Krone (NOK), as evidenced by the results of referendums in 1972 and 1994, where Norwegian voters opted against joining the EU. The stability and strength of Norway's economy and its currency further reinforce the decision to retain the Krone instead of adopting the euro.

Is NOK a Stable Currency?

The Norwegian Krone is generally considered a stable currency, largely due to Norway's robust economy, which is underpinned by significant revenues from its oil and gas industries. As a petroleum-based currency, the NOK's value can be influenced by fluctuations in oil prices, but Norway's prudent fiscal management, including the establishment of the Government Pension Fund Global (often referred to as the Oil Fund), helps mitigate these effects. This fund invests surplus revenues from the petroleum sector in international financial markets, providing a buffer against economic shocks. Additionally, Norway's low debt levels, strong sovereign credit ratings, and effective monetary policies by Norges Bank (the country's central bank) contribute to the Krone’s overall stability.

Bitget crypto-to-fiat exchange data shows that the most popular Ren currency pair is the REN to NOK, with for Ren's currency code being REN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NOK.

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REN to NOK Conversion tables

The exchange rate of Ren is decreasing.
The exchange rate of 1 REN to Norwegian Krone has changed by -0.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by +8.24%, reaching a high of 0.08991 NOK and a low of 0.08196 NOK . One month ago, the value of 1 REN was kr0.1298 NOK , which represents a -27.90% change from its current value. Over the last year, Ren has changed by
-kr
0.4019NOK
, resulting in a change of -81.84% in its value.
24 hours ago1 month ago1 year ago
Amount 05:00 am today 24 hours ago 24h change
0.5 REN
kr0.04765kr0.04425
+8.24%
1 REN
kr0.09530kr0.08851
+8.24%
5 REN
kr0.4765kr0.4425
+8.24%
10 REN
kr0.9530kr0.8851
+8.24%
50 REN
kr4.76kr4.43
+8.24%
100 REN
kr9.53kr8.85
+8.24%
500 REN
kr47.65kr44.25
+8.24%
1000 REN
kr95.3kr88.51
+8.24%

REN to NOK FAQ

How much is 1 Ren in NOK?
Right now, the price of 1 Ren (REN) in Norwegian Krone (NOK) is kr0.09530.
How much REN can I buy for 1 NOK?
Based on the current exchange rate, you can get 10.49 REN for 1 NOK.
How do I calculate or convert REN to NOK?
You can use our REN to NOK calculator at the top of this page to convert any amount of REN to NOK. We've also included quick-reference tables for the most popular conversions. For example, 5 NOK is equivalent to 52.47 REN, while 5 REN will cost around 0.4765NOK.
What is the highest price of REN/NOK in history?
The all-time high price of 1 REN in NOK is kr18.71. It remains to be seen if the value of 1 REN/NOK will exceed the current all-time high.
What is the price trend of Ren in NOK?
Over the past 7 days, the exchange rate of Ren (REN) has gone down by 0.08%.   Over the last month, the exchange rate of Ren (REN) has gone down by 27.90% against Norwegian Krone (NOK).

What factors influence the conversion rate of REN to NOK?

There are many factors that affect the relationship between Ren and Norwegian Krone, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of REN/NOK. When there is positive news in the market about the widespread adoption of REN or major technological breakthroughs, it tends to trigger market optimism and drive the rise of REN/NOK. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in REN/NOK.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of REN/NOK. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Ren and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Ren currency pairs: REN to US Dollar (USD), REN to Euro (EUR), REN to Pound Sterling (GBP), REN to Canadian Dollar (CAD), REN to Indian Rupee (INR), REN to Pakistani Rupee (PKR), REN to Brazilian Real (BRL), REN to…
The price of Ren in the US is $0.009308 USD. Additionally, Ren’s price is €0.008031 EUR in the eurozone, £0.007007 GBP in the UK, C$0.01285 CAD in Canada, ₹0.8114 INR in India, ₨2.64 PKR in Pakistan, R$0.05159 BRL in Brazil, and more.
The most popular Ren currency pair is the REN to Norwegian Krone(NOK). The price of 1 Ren (REN) in Norwegian Krone (NOK) is kr0.09530.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.